Richard Lackey

Richard Lackey is the CEO and Chairman of The World Food Bank.
Summary

Richard Lackey is a highly successful entrepreneur with over 30 years of experience in the trading and securities industry. However, his passion for addressing global hunger and food security issues led him to found the World Food Bank in 2015. The organization focuses on creating sustainable solutions by leveraging access to education, inputs, financing, and guaranteed markets for small farmers. Additionally, the World Food Bank uses long-term storage technology to hold grains and pulses for extended periods, treating food as an asset class. 

Lackey's experiences in emergency medicine and medical relief teams in over a dozen countries exposed him to the devastating effects of poverty and hunger, leading him to believe that these issues can be addressed through better integration of industry and political systems that are market-driven, regenerative, and sustainable. As Chairman and CEO of the World Food Bank, Lackey remains committed to his mission of addressing global hunger and food insecurity through sustainable and market-driven solutions.

Biography

Richard Lackey is a highly accomplished entrepreneur with over 30 years of leadership experience in the trading and securities industry. Throughout his career, he has founded and led companies that were eventually sold to Goldman Sachs and eTrade, served as the managing director for five successful private funds, and authored three books on technical analysis and market analysis. Despite his success in the securities and trading industry, Lackey has always been passionate about resolving world hunger and addressing global food security issues.

This passion led him to found the World Food Bank in 2015, which is focused on creating sustainable solutions to hunger and food security issues around the world. The organization leverages Access to Education, Access to Inputs, Access to Financing, and Access to Guaranteed Markets to improve the quality of commodities grown and the incomes generated by small farmers. Additionally, the World Food Bank leverages long-term storage technology to hold grains and pulses for extended periods, treating food as an asset class.

Before venturing into the trading world, Richard worked in emergency medicine and was involved in medical relief teams in more than a dozen countries. Through this work, he was exposed first-hand to the devastating poverty and hunger that many people around the world experience on a daily basis. His experiences left a profound impact on him, leading him to believe that the suffering caused by poverty and hunger can be prevented and alleviated through better integration of industry and political systems, particularly those that are market-driven, regenerative, and sustainable.

As the Chairman and CEO of the World Food Bank, Richard Lackey remains committed to his core mission of addressing global hunger and food insecurity through sustainable and market-driven solutions. His leadership and vision continue to inspire the organization and drive it towards a better future.


Vision

Richard Lackey's vision is centered on resolving world hunger and food security issues through sustainable, market-driven solutions. He firmly believes that by integrating industry and political systems, poverty and hunger can be prevented and alleviated.

Lackey's approach to tackling world hunger is founded on four key pillars: access to education, access to inputs, access to financing, and access to guaranteed markets. He believes that by providing small farmers with access to these resources, the quality of commodities grown and the incomes generated by these farmers can be significantly improved.


Recognition and Awards
Richard has authored multiple books, including the widely acclaimed "Radical Response: Free Market Solutions to Global Crises," which is currently in its second edition. This best-selling book showcases Mr. Lackey's expertise in providing innovative solutions to complex global challenges within the framework of a free-market system. In addition to his accomplishments as an author, Richard Lackey is also a sought-after speaker. He has had the privilege of delivering two inspiring TEDx talks, captivating audiences with his thought-provoking ideas. His most recent talk, titled "From Poverty to Prosperity For Less than a Dollar," was released in October 2019.

References
Richard Lackey
Residence
USA
Occupation
Business executive, entrepreneur, international food trade and exchange specialist
Known for
World Food Bank (Founder and Chairman)
Accolades
From Poverty to Prosperity For Less than a Dollar (TED Talk), Zero Hunger Formula (TED Talk)
Education
BBA (Marketing and Management, University of Georgia - Terry College of Business), Graduation (Hotel Finance and Management, Cornell University), Executive MBA (Quantic School of Business and Technology)
Social Media
Fri Feb 23 2024
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